Top US officials involved in high-level trade negotiations with China emerged from two days of talks touting “substantial progress” and appearing to confirm that a deal between the two countries had been reached, which could have massive implications for the global economy.

China is tightening its import regulations, aligning them more closely with high-standard markets like Japan and the Republic of Korea. This requires Vietnamese producers and exporters to adopt more professional, transparent, and sustainable business practices.

Prime Minister Pham Minh Chinh has urged ministries, sectors, and localities to implement measures aimed at maintaining stability in the production, sale, and export of agricultural, forestry, and aquatic products amidst global trade volatility.

Asian stocks rallied Monday after top Chinese and US officials held "substantial" trade talks at the weekend, fuelling hopes the two sides will dial down a tariff standoff that has rattled global markets and fuelled recession fears.

Beekeeping used to be very developed in the province, a model that brought high economic efficiency and helped many beekeepers get rich. In recent years, honey prices have always been low due to difficulties in the export market.

The U.S. and China ended high-stakes trade talks on a positive note on Sunday, with U.S. officials touting a "deal" to reduce the U.S. trade deficit, while Chinese officials said the sides had reached "important consensus" and agreed to launch another new economic dialogue forum.

According to the Ministry of Industry and Trade, by the end of April, Vietnam’s total export turnover reached 140.34 billion USD, an increase of 13% compared to the same period in 2024.

The conference also saw calls for the US to open its market to Vietnamese imports of US high-tech goods and to develop a roadmap toward recognizing Vietnam as a market economy.

Amid unpredictable fluctuations in US tariff policies, Vietnamese businesses must take a proactive and strategic approach to sustain their exports to this key market, experts emphasised at a workshop held in Ho Chi Minh City on May 9.

The two countries have reaffirmed their commitment to enhancing cooperation in energy, industry, science and technology, and workforce training, while calling for stronger efforts to promote trade and two-way investment.